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500 HANOVER ST Charlottesville, VA 22903
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Key Details
Sold Price $410,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,546 sqft
Price per Sqft $265
Subdivision None Available
MLS Listing ID 656098
Sold Date 10/23/24
Style Other
Bedrooms 4
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,182
Originating Board CAAR
Year Built 1946
Annual Tax Amount $3,227
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
This 0.18-acre lot in Fifeville, Charlottesville, offers a unique redevelopment opportunity and can be subdivided. Currently featuring a house, the property is zoned R-B, allowing for a baseline of 6 units, which can increase to 8 units if the existing home is retained. For projects that include affordable housing, the potential expands to 12 units. With the adjacent 0.14-acre lot also for sale, this is an excellent chance to maximize development potential in a desirable neighborhood.
Location
State VA
County Charlottesville City
Zoning R-B
Rooms
Other Rooms Full Bath
Basement Fully Finished, Interior Access, Outside Entrance, Partially Finished
Interior
Interior Features Entry Level Bedroom
Heating Hot Water, None
Cooling Window Unit(s)
Fireplace N
Exterior
Accessibility None
Garage N
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Johnson
Middle Schools Walker & Buford
High Schools Charlottesville
School District Charlottesville City Public Schools
Others
Ownership Other
Special Listing Condition Standard
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Bought with MAUREEN HEGARTY • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE